Swedish Krona Advances To 6-day High Against Euro
18 November 2015 - 5:31AM
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The Swedish Krona drifted higher against the euro in early
European deals on Wednesday, after Riksbank's Deputy Governor
Martin Floden said that the currency is 'slightly undervalued.'
Floden also stated that the bank would continue its expansive
monetary policy to boost inflation.
The Krona climbed to a 6-day high of 9.2921 against the euro,
compared to Tuesday's closing value of 9.3127. The Krona may
possibly locate resistance around the 2.85 mark.
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